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03 October 2024
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Story Ansie Barnard
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Photo Supplied
From left to right: Londeka Mkhwanazi, Semither Mkhize, Salima van Schalkwyk, Slindokuhle Ndlovu, Asanda Mpinga, Mantombi Molefe, Ntombinkulu Khumalo, Mosebjadi Chauke and Thembinkosi Mkhwanazi.
The Amrut Foundation, in partnership with the University of the Free State (UFS), successfully hosted its Inaugural Innovathon at the UFS Qwaqwa Campus. This competition is designed to identify and support innovative products and services that not only generate profit but also contribute to the public good, with a strong emphasis on ethical business practices. Through this collaboration, students gain national exposure for their businesses and receive support to create sustainable social enterprises.
Five teams of student social entrepreneurs from the Qwaqwa campus were shortlisted to participate in the regional finals. Their selection was based on ventures that adhered to a social entrepreneurship model and demonstrated plans for long-term profitability and sustainability.
During the Innovathon, a panel of judges from the UFS, the Amrut Foundation, and the Small Enterprise Development Agency (SEDA) selected two outstanding teams to represent the UFS at the national finals, which will take place in October. The winning ventures, Biofly-Pro and Root Rescue were each awarded R20,000 to further develop and expand their initiatives.
Hemang Desai, Executive Director of the Amrut Foundation, expressed his enthusiasm for the event: "Amrut is proud to co-host the Free State leg of the inaugural Innovation Challenge with the UFS. Supporting students with entrepreneurial ambitions that align with societal care is one of our key focus areas."
Dr Grey Magaiza, Senior Lecturer and Deputy Director for the Centre for Gender and Africa Studies at the UFS, highlighted the importance of social entrepreneurship: “Social entrepreneurship is a collaborative effort towards creating sustainable and ethical business processes. The two winning projects embody these principles, and we look forward to their continued growth. In line with our Vision 130, social entrepreneurship can serve as a critical lever for university-community engagement.”
Congratulations to Biofly-Pro and Root Rescue on their well-deserved achievements!
Grant of almost R3 million from the NRF for researchers
2007-02-13
The Research Directorate at the University of the Free State (UFS) received a grant of almost R3 million this year from the National Research Foundation (NRF) for the development of young researchers from the designated groups through the Thuthuka capacity building programme. The amount of grant holders increased during the past four years from five successful applications in 2003 to a phenomenal 44 this year. The Thuthuka programme is a partnership programme in which the UFS contributes two thirds of each grant holder's funding. This year, the Faculty of Economic and Management Sciences at the UFS is also taking part in the programme for the first time.
Here are, from the left: Ms Lizelle Janse van Rensburg (grant holder), Mr Antonie Pool (grant holder), Mr Arno van Niekerk (grant holder), Ms Annelize Venter (programme co-ordinator at the UFS Directorate of Research Development), Prof Phillipe Burger (chairperson of the Department of Economics at the UFS), Mr Johan Coetzee (grant holder) and Prof Lucius Botes (chairperson of the faculty's research committee).